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fixedDeposit / Investment Account

This products allows customers to place their funds with Progress for a fixed tenure.

Benefits

  • 1. Attractive interest rate ranging from 91 day Treasury bill rate and premium.
  • 2. The premium rates are negotiable and changes upwards with larger amounts and longer periods.
  • 3. Investment amount starts with a minimum amount of GHC1,000.00 upwards.
  • 4. No penalty is charged for early liquidation.
  • 5. 24 hours notification is required for all early liquidation of investments.
  • 6. Investments can be used as collateral.
  • 7. Provision of free investment advisory services to our clients.

Features

Flexible investment period of 30 days, 60 days, 91 days, 182 days and 365 days.

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